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-   -   Stealth name on Real Business Paypal (https://www.aspkin.com/forums/paypal-talk/98350-stealth-name-real-business-paypal.html)

ebaychic2013 08-01-2016 10:46 AM

Stealth name on Real Business Paypal
 
Hi guys,
do you know what the consequences of using a stealth name on a real business paypal account are? it's connected to the business EIN but using stealth name. All funds are transferred to the business bank account so taxes are paid by the company.

If anyone looks up the business on public records, will they see the stealth Paypal name? I.E. does Paypal report to public records? I am assuming not, but want to know what are the consequences of having a stealth name on a business paypal. THank you!

elmo 08-01-2016 11:59 PM

Re: Stealth name on Real Business Paypal
 
The state you registered your LLC information is all that is searchable online

From my knowledge PayPal doesn't release business information publicly.

Con 08-04-2016 07:26 PM

Re: Stealth name on Real Business Paypal
 
I was wondering this as well.

Have some stealths with real business name and papers (ein, llc).

However the actual person name is a stealth name.

Some post said that after 1million in revenue Paypal may call and make sure everything is in order.

Will the stealth person name interfere with the actual business certs if reviewed?

phaz0rz 08-05-2016 07:33 AM

Re: Stealth name on Real Business Paypal
 
For what it's worth, I did not have any problems last year. I'm in the same situation as OP.

Stealth name and address on Paypal account which is EIN verified. My 1099 was issued with the stealth name and address (but my EIN), and my tax guy DID NOT CARE whatsoever. It was even an out of state address.

I just paid my taxes and carried on. No audit or anything... yet...

nnivek35 08-10-2016 08:09 AM

Re: Stealth name on Real Business Paypal
 
Quote:

Originally Posted by phaz0rz (Post 790712)
For what it's worth, I did not have any problems last year. I'm in the same situation as OP.

Stealth name and address on Paypal account which is EIN verified. My 1099 was issued with the stealth name and address (but my EIN), and my tax guy DID NOT CARE whatsoever. It was even an out of state address.

I just paid my taxes and carried on. No audit or anything... yet...

Are you running LLC with this EIN?

phaz0rz 08-10-2016 09:42 AM

Re: Stealth name on Real Business Paypal
 
Quote:

Originally Posted by nnivek35 (Post 791658)
Are you running LLC with this EIN?

Yes. 3 EIN's attached to 3 LLC's.


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